435 Christian St Lancaster & 459 Pershing St Lancaster
For sale459 Pershing Ave, Lancaster, PA 17602
$500,0004 units3,100 SF
Multi family$125,000/unit$161/SF
Property Type
Multifamily
Price
$500,000
Units
4
Unit Mix
1x
1br
2x
2br
1x
3br
Price per Unit
$125,000
Price per SF
$161.29
Building Size
3,100 SF
Net Operating Income
$31,285
Stories
2
Number of Buildings
2
Lot Size
4,356 SF
Property description
The subject property consists of two buildings located at 435 Christian St Lancaster and 459 Pershing St Lancaster, comprising 4 units across 3,100 estimated square feet on 0.10 acres. The property is 2 stories. 435 Christian St contains 2 units: a 1-bedroom/1-bathroom unit of 500 square feet and a 2-bedroom/1-bathroom unit of 800 square feet. 459 Pershing St contains 2 units: a 2-bedroom/1-bathroom unit of 800 square feet and a 3-bedroom/1-bathroom unit of 1,000 square feet.
Property highlights
- 4-unit multi-family property
- 2-story construction
- 3,100 square feet total
- Mixed unit sizes: 1-bed/1-bath, 2-bed/1-bath, and 3-bed/1-bath configurations
- Current annual rental income: $50,580
- Net Operating Income: $31,285